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Monthly Archives: November 2020

Bilateral-saudi,-uae-digital-currency-experiment-shows-benefits-of-distributed-ledgers,-central-banks-say
CoinDesk Feed

Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say

Nov 29, 2020 at 6:42 p.m. UTCNabawi Mosque, Madina, Saudi Arabia(Yasmine Arfaoui/Unsplash, modified by CoinDesk)Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks SayThe central banks of Saudi Arabia and the United Arab Emirates (UAE) have concluded a digital currency (CBDC) pilot, finding that distributed ledger technology can improve cross-border transactions…
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Bitcoin-price-analysis:-btc-facing-huge-resistance-following-recovery,-will-$18k-hold?
Cryptocurrency News Feeds

Bitcoin Price Analysis: BTC Facing Huge Resistance Following Recovery, Will $18K Hold?

Bitcoin bulls have successfully regained the $18,000 level today after breaking bullish from a pennant pattern formed yesterday – Saturday, November 28. Over the course of this weekend so far, $30 billion has returned to the global crypto market, which now stands at $540 billion. This has allowed the leading cryptocurrency to recover $1,900 of…
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Top-5-cryptocurrencies-to-watch-this-week:-btc,-eth,-ada,-xlm,-xem
Cointelegraph Feed

Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, XLM, XEM

As Bitcoin price rallied to a new 2020 high, the open interest on CME Bitcoin (BTC) futures rose to $1.16 billion, making it the world’s largest Bitcoin futures market, according to Arcane Research. This suggests that institutional investors are relatively unmoved by the recent sharp correction in Bitcoin price.Guggenheim Partners has become the latest and…
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Wall-street-giant-guggenheim-fund-seeks-sec-approval-to-buy-bitcoin-worth-up-to-$500-million
Cryptocurrency News Feeds

Wall Street Giant Guggenheim Fund Seeks SEC Approval to Buy Bitcoin Worth up to $500 Million

Guggenheim Partners is among the largest investment and advisory financial services companies. The Wall Street giant filed a document with the US Securities Exchange Commission (SEC) to enable one of its funds, dubbed the Macro Opportunities Fund, to allocate millions of dollars in bitcoin. According to the filing, the Fund plans to spend 10% of…
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Uae,-saudi-arabian-central-banks-release-report-on-project-aber-cbdc-trial
Cointelegraph Feed

UAE, Saudi Arabian central banks release report on Project Aber CBDC trial

The joint report is among the most promising CBDC studies conducted by central bank authorities Central banks from two of the most powerful economies in the Middle East released today a report on a yearlong joint central bank digital currency (CBDC) project — and results speak glowingly of blockchain technology. First announced in January of 2019,…
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Bitcoin-historic-chart-suggests-2020-bull-run-is-only-starting
Cryptocurrency News Feeds

Bitcoin Historic Chart Suggests 2020 Bull Run Is Only Starting

History is not an indicator for future performance, but it’s definitely interesting looking at it, especially when it comes to bitcoin’s price and how it performed in the past. A similarity brought up by a popular crypto proponent, and chartist shows a compelling bullish cycle where BTC’s price is far from having reached its peak…
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